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Representative Example for Hire Purchase (HP): Cash price £12,995.00, Annual Interest Rate (fixed) 5.19% p.a., with a representative 9.9% APR, total amount of credit £11,696.00, deposit of £1,299.00, an initial payment of £245.51, followed by 58 monthly payments of £245.51 with a final payment of £245.51, total amount payable is £16,029.60
Finance Representative
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PCP subject to an annual mileage, excess mileage fees may apply.
Product
PCP
Cash Price
£12,995.00
Deposit
£1,299.00
Total Amount of Credit
£11,696.00
Total Amount Payable
£16,023.82
Administration Fee
£0.00
Option to Purchase Fee
£1.00
Fixed Rate
7.9%
Duration of Agreement
60
Initial Payment
£186.48
Monthly Payment
£186.48
x
58
Final Payment
£3722.50
APR Representative
7.9%
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